Peter Wyman leaves PwC

Peter Wyman leaves PwC

Man who defended profession throughout the Enron scandal leaves PwC

Peter Wyman, the accountant who helped shepherd the profession through the
Enron scandal, retired yesterday firm Big Four firm PricewaterhouseCoopers.

Wyman served as special adviser on taxation and deregulation to the
under-secretary of state for corporate affairs between 1993-94, a member of the
Deregulation Task Force between 1994 – 97 and external overseer of the Inland
Revenue/Contributions Agency Joint Working Programme between 1995 – 98.

He was also President of the ICAEW during the aftermath of the Enron scandal
between 2002-03 and was a member of numerous other committees and working
parties, including chairman of the Professional Standards Office (1999-2000) and
Deputy Chairman of the Financial Reporting Council.

He received the 2006 Institute of Chartered Accountants’ Award for
Outstanding Achievement, the profession’s highest award, and was also awarded a
CBE in the Queen’s Birthday Honours for services to the accountancy profession.

Ian Powell, PwC UK Chairman and senior partner described Wyman as a “an
extremely influential and well respected figure”

“In the aftermath of the Enron/Andersen collapse Peter’s leadership of the
profession as ICAEW president was outstanding and stands apart,” he said.

“The audit profession remains the subject of significant scrutiny and we will
be building on Peter’s legacy of communicating openly and honestly about the
value that the profession brings to the economy and society more broadly.”

Share

Subscribe to get your daily business insights

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata
Professional Services

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

3y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

3y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
Digital Links: A guide to MTD in 2021
Making Tax Digital

Digital Links: A guide to MTD in 2021

3y

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource